Willard is located close to the center of New Mexico. Willard is part of Torrance County. Willard has 0.98 square miles of land area and has no water area. As of 2010-2014, the total Willard population is 194, which has shrunk 19.17% since 2000. The population growth rate is much lower than the state average rate of 14.35% and is much lower than the national average rate of 11.61%. Willard median household income is $32,596 in 2010-2014 and has grown by 56.46% since 2000. The income growth rate is much higher than the state average rate of 31.74% and is much higher than the national average rate of 27.36%. Willard median house value is $57,500 in 2010-2014 and has grown by 95.58% since 2000. The house value growth rate is much higher than the state average rate of 47.36% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Willard is close to the state average in quality. The Willard area code is 505.